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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hialeah at 18320 NW 68th Ave APT K, Hialeah, FL, 33015 uses $89,505 cash to close to unlock $6,411/yr annual cash flow and $534/mo monthly cash flow. Total monthly income runs $2,813/mo, and a $1,322/mo payment keeps the spread at $534/mo. Purchase price stands at $270,000, and rental yield measures 12.5% with $2,813/mo rent. Return on cash invested shows 27.07% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 144.23% and total cumulative return in cash records $129,097. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,813/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$453 monthly HOA
Neighborhood data shown for ZIP Code: 33015, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,467 (100%) |
| Owner Occupied HU | 11,771 (52.4%) |
| Renter Occupied HU | 10,165 (45.2%) |
| Vacant Housing Units | 531 ( 2.4%) |
| Median Home Value | $462,766 |
| Average Home Value | $519,424 |
Residential
21,873
Single Family
16,119
Multi-Family
5,754
Businesses
1,037
Date | Event | Price |
|---|---|---|
| 2024-04-03 | Listed for sale | $270,000 |
| 2023-08-31 | Listing removed | N/A |
| 2023-08-03 | Listed for rent | $2,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2805.76 | 12.30% | $152,399 | 10.00% |
| 2022-08-30 | $2498.38 | 10.66% | $138,545 | 10.00% |
| 2021-08-30 | $2257.74 | 11.67% | $125,950 | 10.00% |
Listed by: Alexander Saieh • Midtown Realty Group, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11562817
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
